$1,050,000
9
Beds
5
Baths
5,402
Living Area
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Property Description
Step into homeownership with income potential in this 4-unit property! The ground floor features a beloved neighborhood bar that’s been part of the community since 1935, offering the chance to continue its legacy or explore new business ideas. Upstairs, three well-maintained apartments provide steady rental income or the perfect space to live in while your tenants help pay the mortgage. Ideal for buyers looking to build equity, generate passive income, or live and work in one place. Each unit has separate utilities, making management simple and expenses clear. Located in an established Worcester neighborhood with strong visibility and foot traffic. This is more than just a property—it’s a smart first step toward long-term wealth and homeownership!
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Highlights
- Area: East Worcester
- Levels: 7
- Property Type: 4 Family - 4 Units Up/Down
- Total Rooms: 18
- Status: Active
- Heating: Natural Gas, Space Heater
- Property Class: Residential Income
- Stories: 7
- Year Built: 1920
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame, Brick
- Flooring: Vinyl, Hardwood, Carpet
- Interior Features: Ceiling Fan(s), Pantry, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Bl-1
- Basement: Full, Finished, Partially Finished, Unfinished
- Exclusions: Sale Includes The Bar, Excludes Any Third Party Equipment. Tenant's Personal Belongings.
- Foundation: Stone
- Lot Features: Cleared, Level
- Roof: Shingle, Rubber
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
- Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: 200+ Amp Service, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $496,600
- Tax Year: 2025
- Total Rent: $5,500
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $7,900
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Listing information provided courtesy of RE/MAX Partners.
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